Key Takeaways
- • Sui's native Bitcoin finance infrastructure, Hashi, will go live on mainnet in October 2026 in a phased rollout, backed by more than $500 million in capital commitments from a launch coalition of more than 20 partners, according to a Sui press release distributed via Chainwire.
- • Anchorage Digital, described as home to America's first federally chartered crypto bank, joins as a day-one launch partner, opening Hashi to institutional clients through tri-party collateral solutions and a self-custody route via its Porto wallet.
- • Hashi allows native BTC to serve as programmable collateral on Sui while the Bitcoin itself remains on the Bitcoin network, enabling stablecoin borrowing, onchain credit, vault strategies and structured products without selling holdings.
- • Named coalition members include BitGo, Bullish, Cumberland, FalconX and Ledger, with vault providers such as Aftermath, Concrete and Fluid among the initial capital deployers.
- • Anchorage Digital plans to provide stablecoin liquidity to the network, and the company's CEO Nathan McCauley framed the integration as a shift in institutional Bitcoin finance.
Summary
Sui, the Layer 1 blockchain, will announce at Sui Basecamp that Hashi mainnet will go live in October 2026, with the rollout beginning this month. According to the company's Chainwire release, Hashi enters mainnet with more than $500 million in committed capital from a launch coalition of more than 20 crypto industry participants. Lending, borrowing, credit, vaults and structured products are expected to begin with capital already deployed through vault providers including Aftermath, Concrete and Fluid.
The release positions Hashi as a response to the estimated $1 trillion in Bitcoin that it says remains largely idle, particularly among publicly traded companies holding BTC on their balance sheets that lack a way to use native BTC in programmable markets with the compliance and custody controls they require. Under the design described, Bitcoin remains on the Bitcoin network while Hashi coordinates its use as collateral through Sui smart contracts. Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, the original contributor to Sui, said institutions want to deploy Bitcoin "without giving up the protections they require."
Anchorage Digital joins as a day-one launch partner with two access routes. Tri-party collateral solutions through Atlas, its settlement and tri-party collateral infrastructure, target institutions under qualified custody requirements, including public companies and digital asset treasury companies. A self-service route through its institutional self-custody wallet, Porto, targets crypto-native VCs, hedge funds, miners, market makers and liquidity providers. Anchorage also plans to supply stablecoin liquidity. Nathan McCauley, CEO and Co-Founder of Anchorage Digital, said connecting institutional clients with Hashi represents "a complete paradigm shift" in Bitcoin finance.
The release notes that the launch coalition includes BitGo, Bullish, Cumberland, FalconX and Ledger, among more than 20 partners. Institutions seeking to deploy BTC or stablecoins were directed to [email protected]. The announcement is a company press release and the figures on committed capital are as reported by Sui and have not been independently verified in the source material.
The release positions Hashi as a response to the estimated $1 trillion in Bitcoin that it says remains largely idle, particularly among publicly traded companies holding BTC on their balance sheets that lack a way to use native BTC in programmable markets with the compliance and custody controls they require. Under the design described, Bitcoin remains on the Bitcoin network while Hashi coordinates its use as collateral through Sui smart contracts. Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, the original contributor to Sui, said institutions want to deploy Bitcoin "without giving up the protections they require."
Anchorage Digital joins as a day-one launch partner with two access routes. Tri-party collateral solutions through Atlas, its settlement and tri-party collateral infrastructure, target institutions under qualified custody requirements, including public companies and digital asset treasury companies. A self-service route through its institutional self-custody wallet, Porto, targets crypto-native VCs, hedge funds, miners, market makers and liquidity providers. Anchorage also plans to supply stablecoin liquidity. Nathan McCauley, CEO and Co-Founder of Anchorage Digital, said connecting institutional clients with Hashi represents "a complete paradigm shift" in Bitcoin finance.
The release notes that the launch coalition includes BitGo, Bullish, Cumberland, FalconX and Ledger, among more than 20 partners. Institutions seeking to deploy BTC or stablecoins were directed to [email protected]. The announcement is a company press release and the figures on committed capital are as reported by Sui and have not been independently verified in the source material.
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